DE Debt-to-Equity Ratio Analysis
Updated 193h ago·SEC filings & market data
Key Takeaway
The Debt-to-Equity ratio of 2.33x means that for every dollar of shareholder equity, the company has $2.33 of debt — it measures how heavily a company relies on borrowed money versus its own capital.
Sector Performance
89th percentileDE
2.33x
Sector Median
0.73x
Sector Avg
0.13x
Prior Period
0.57x(May 2026)
Deep Analysis
The Debt-to-Equity ratio of 2.33x means that for every dollar of shareholder equity, the company has $2.33 of debt — it measures how heavily a company relies on borrowed money versus its own capital.
Compared to sector peers, this ratio sits well above the median of 0.73x, placing Deere & Company in the 89th percentile, which indicates a much higher leverage level than most companies in its industry. The year-over-year change is not available, but the quarter-over-quarter increase of +308.8% shows the metric surged from 0.57x to 2.33x in a single period. The combination of a very high debt level and a sharp upward spike in the most recent quarter points to increased financial risk, as higher leverage can strain cash flows and make the company more vulnerable to downturns. This metric directly supports the overall CAUTIOUS verdict, since elevated and rapidly rising debt levels typically warrant a more careful investment stance.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about DE?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are DE's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: FICO (-1.73x), SBUX (-1.78x), HLT (-2.09x), MSCI (-2.31x), ETSY (-2.62x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master DE's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
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2.33x
Sector Median
0.73x
Sector Avg
0.13x
How DE's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.